Updated from 4:05 p.m. EDTA late run lifted blue chips to respectable gains for the second straight session Monday, this time amid a whirlwind of news concerning several Dow components. The Dow Jones Industrial Average rose 60.76 points, or 0.59%, to 10,348.10. The S&P 500 rose 3.53 points, or 0.3%, at 1190.10. The Nasdaq Composite added 5.47 points, or 0.26%, to 2070.30. The 10-year Treasury was down 2/32 in price to yield 4.49%, and the dollar was higher against the yen and euro. "I am modestly encouraged we finished stronger," said Al Goldman, chief market strategist with A.G. Edwards. "So far, October has been awful. We've had a gloomy mood in the market, and buyers should be prepped. It's time for this market to pick up the ball." For the month, the Dow is down 2.1%, the S&P 500 has lost 3.2%, and the Nasdaq has fallen 3.8%. About 1.52 billion shares traded on the New York Stock Exchange, with advancers beating decliners by a 6-to-5 margin. Trading volume on the Nasdaq was 1.28 billion shares, with advancers outpacing decliners 8 to 7. Energy futures were stronger as Tropical Storm Wilma took shape 175 miles south of the Cayman Islands with sustained winds of about 40 mph. Oil for November delivery closed up $1.73 to $64.36 a barrel, its highest level in two weeks. Gasoline futures added 6 cents to $1.81 a gallon and natural gas rose 63 cents to $13.85 per million BTUs. "A bottom may be in place, but the bulls still have their work cut out for them as all the major averages remain below their falling 10-day moving averages," said Ken Tower, chief market strategist with CyberTrader. "Last week's decline damaged the longer-term trend, but the bulls haven't fully given up the ghost yet." The Dow was paced by shares of General Motors ( GM), which rose even after the company posted a third-quarter loss of $1.6 billion, or $2.89 a share, compared with a profit of $315 million, or 56 cents a share, a year ago. Analysts on average expected a loss of 87 cents a share. The world's biggest automaker also announced a tentative agreement with the United Auto Workers on health care and pension concessions, which is expected to save it about $1 billion a year. It's also exploring the sale of its financing unit, GMAC. GM was up $2.11, or 7.5%, to close at $30.09.